The latest update is out from MarketEnterprise Co.Ltd ( (JP:3135) ).
MarketEnterprise Co., Ltd. reported a 34.6% increase in consolidated sales, indicating significant growth compared to the previous year. Despite a temporary decline in gross profit margins for second-hand products and machinery due to high ocean freight rates and increased domestic sales, the company expects improvements in the coming quarters. The company is also considering measures to maintain its prime market listing, focusing on enhancing business performance and stock price improvement.
More about MarketEnterprise Co.Ltd
MarketEnterprise Co., Ltd. operates in the second-hand products industry, focusing on online sales and telecommunications. The company is also involved in the machinery business and aims to optimize its purchasing channels and improve business efficiency.
YTD Price Performance: 1.89%
Average Trading Volume: 41,525
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen7.75B
For a thorough assessment of 3135 stock, go to TipRanks’ Stock Analysis page.